JPMC Application Status: Under Consideration

My JPMC application status is "under consideration" for a week now after I completed the coding challenge. Is it good or bad? I did both the questions right and explained them well in video responses. What are my chances to go to the next round?

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Chase 8==D~ Aug 27, 2019

Don’t get your hopes up. There are rumors of lays offs and a lot of contractors will be let go soon.

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ScIW42 Aug 27, 2019

Can you tell what questions did you got in coding challenge?

Chase ptgi36 Aug 28, 2019

We just fired a ton of contractors in Tech and there is currently a hiring freeze depending on the LoB. However, Chase is incredibly slow at getting back to anyone. I received an offer 4 weeks after my final on-site, and my on-site was also something like 4 weeks after my initial phone screen. Both times the 4 weeks were total radio silence.

Tata Consultancy Services tensor08 OP Aug 28, 2019

This is for internship

Chase ptgi36 Aug 28, 2019

So you’re applying for summer 2020?

Chase Sha_ Aug 28, 2019

It takes around a month and a half or two form them to get back at you. Wait if you can.

Tata Consultancy Services tensor08 OP Aug 28, 2019

Do you mean get back with a positive response?

Chase Sha_ Aug 28, 2019

TCS - yes